Constellation Software (TSE:CSU) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

Constellation Software (TSE:CSU) had its target price increased by Jefferies Financial Group from C$5,350.00 to C$5,850.00 in a report issued on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 20.84% from the company’s previous close.

CSU has been the topic of several other research reports. TD Securities raised their target price on Constellation Software from C$5,500.00 to C$5,600.00 and gave the stock a “buy” rating in a research report on Thursday. Royal Bank of Canada set a C$5.70 price target on Constellation Software and gave the stock an “outperform” rating in a research note on Friday, March 21st. Raymond James raised their price target on Constellation Software from C$4,550.00 to C$5,250.00 in a research note on Monday, March 10th. BMO Capital Markets raised their price target on Constellation Software from C$5,500.00 to C$5,700.00 in a research note on Thursday. Finally, CIBC raised their price target on Constellation Software from C$5,300.00 to C$5,450.00 in a research note on Monday, March 10th. One investment analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$4,693.67.

Constellation Software Price Performance

Shares of TSE CSU opened at C$4,841.07 on Thursday. The company has a debt-to-equity ratio of 169.83, a quick ratio of 0.55 and a current ratio of 0.93. Constellation Software has a fifty-two week low of C$3,712.62 and a fifty-two week high of C$5,300.00. The firm has a market capitalization of C$73.16 billion, a PE ratio of 115.03, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The stock’s 50-day simple moving average is C$4,768.44 and its 200-day simple moving average is C$4,682.63.

About Constellation Software

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.